1722 Walnut St
Berkeley, CA 94709
Active for $3,398,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 5,450 sqft
MLS | 41073505 |
Year Built | 1927 |
Property Type | |
County | Alameda |
Status | Active |
Active | $3,398,000 |
Structure Size | N/A sqft |
Lot Size | 5,450 sqft |
Beds | N/A |
Baths |
Description
To access the marketing package copy/paste: https://bit.ly/kitehillre. 1722 Walnut St is a rare opportunity to acquire an apartment building in North Berkeley consisting of ten 1 bed, 1 bath units. The building is currently fully leased as furnished rentals, providing a strong in-place income stream, with all furniture included in the sale. Located just steps from UC Berkeley, the property offers a highly desirable location in one of the nation’s top academic and cultural hubs. The property offers a flexible investment strategy for the next owner. As units become vacant, there is the option to renovate and lease at market rates or continue the existing furnished rental model for maximum returns. Four of the units already feature upgraded, open-concept kitchens, enhancing tenant satisfaction, while all units retain beautiful original hardwood floors, lending charm and character. Additionally, the building includes convenient on-site coin-operated laundry facilities and a sunny shared backyard for tenants to enjoy. Meticulously maintained by the same owner for 37 years, the building is in excellent condition.
Listing information courtesy of: Jatin Mehta, Pellego 949-929-9562. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.